Finance
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Bleak Outlooks, Exec Departures at BofA, Citi
Jan 12, 2009Word out of both Citigroup Inc. [stock C][/stock] and Bank of America Corp. [stock BAC][/stock] in recent weeks suggests an overall bleak outlook for fiscal 2008 and a shaky foothold going into 2009. Citigroup is expected to report massive fourth-quarter 2008 losses much greater than expected, but its lead independent director Richard Parsons said the bank’s board stands behind CEO Vikram Pandit, according to a Wall Street Journal report Monday.
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Over 300 Mortgage-Related Failures
Jan 12, 2009 -
ABA: Citi Worked Alone on Cram-Down Deal
Jan 09, 2009 -
Wells Fargo Exits Jumbo Wholesale Lending
Jan 09, 2009 -
Mortgage Rates Set Another New Low
Jan 08, 2009 -
GSEs Extend Foreclosure, Eviction Suspensions
Jan 08, 2009 -
Bankers: Fair-Value Didn’t Cause Credit Crisis
Jan 08, 2009 -
Paulson: The GSEs as Utilities
Jan 08, 2009 -
MBA Turns Attention Towards Secondary Mortgage Market
Jan 07, 2009
